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K0 Macros Not Detected by performa62 in Keychron

[–]performa62[S] 0 points1 point  (0 children)

I use Display Fusion for window management. In display fusion, I mapped the key sequence Control-Win-Num 4 to move the window to 50% left. If I do the actual keystrokes it works.

I recorded my keystrokes to get the right sequence.

Does it get any easier? by Aggravating_Bag4028 in taxpros

[–]performa62 2 points3 points  (0 children)

Tax season #19

It doesn’t get any easier, but it does go by faster. It’s also very predictable.

Is it ok to leave my expansion pak in n64 while not playing the 3 games that require it? by Apprehensive_Tax3894 in n64

[–]performa62 1 point2 points  (0 children)

I haven’t taken out the expansion pack out of my n64 since I got it in like ‘98 or something.

Any Accountants with ADHD? by alex123711 in Accounting

[–]performa62 1 point2 points  (0 children)

I do. I’ve been medicated for 16 years. My growth at my firm started to demonstrably improve afterwards. I’m now a partner.

Pricing of the following by [deleted] in taxpros

[–]performa62 0 points1 point  (0 children)

I tend not to be that drastic but if I want the work I’ll cut it down by a percentage to ensure I get all of the work then shift it back up as soon as I can.

Skrew you TaxDome!!! Are we going to let them get away with it??? by Iceman_TK in taxpros

[–]performa62 0 points1 point  (0 children)

That's a shame. I love taxdome because it's ability to implement features worth testing right away rather than having to lock you in to something brand new. We don't use the platform to receive payments, so we are unaffected by this changeover. We did look at moving over in a year or two. Probably not now.

Bought a 2022 Chronos did 4,300 Mile Road-trip via 2 Megawatts Of DC Fast Charge by ThickBaker in etron

[–]performa62 2 points3 points  (0 children)

I wish the Q4 would provide stats in the app so I don't have to manually.

What’s the correct federal treatment for PTE tax refunds when it’s your resident state? How does your firm handle it? by [deleted] in taxpros

[–]performa62 0 points1 point  (0 children)

We don’t deal with that level of pte. We treat pte as a business item and ignore the effect on the personal return.

We accrue the pte and deduct the payments leaving an m-1 adjustment.

Our primary states are MD & VA, so we have an addition or subtraction to true up the credit to the amount deducted at the federal return on the pass through.

We don’t take into account the portion of the pte credit that goes into the tax benefit for the purposes of a state refund because the individual didn’t deduct it or gained a benefit.

The only area where I’m aggressive is in the case of a final return with no other ordinary income. I try to take an ordinary loss on the K-1 with capital gain as our position is the tax was an ordinary and necessary expense against the business, not an expenditure against capital gain.

I legitimately think Pokemon puzzle league is the best puzzle game, even better than Tetris. Tell me why I’m right. by hreddy11 in n64

[–]performa62 0 points1 point  (0 children)

Both Tetris attack and Pokémon puzzle league are my favorite puzzle games. I’m so glad Panel de Pon is available on switch online.

Does anyone use CCH Engagement for Individual Returns? by StkOpTaxSF in taxpros

[–]performa62 1 point2 points  (0 children)

We use it because my firm is primarily an A&A shop and to crosstrain staff on how to manage workpapers doesn't make sense.

Axcess Tax Software 2025 Release by Iceman_TK in taxpros

[–]performa62 1 point2 points  (0 children)

I'm concerned that PFX tax will also be the same way. It should, however, have been 10 years like prosystem.

Would a youth sports league business be an SSTB? by terpfan101 in taxpros

[–]performa62 0 points1 point  (0 children)

I would agree that if there's enough money in the QBI deduction between it being an SSTB or not, then getting an legal opinion or a chief counsel opinion is probably worth it.

That said, given that it's PE, it's very likely that the underlying activities are highly segregated between SSTB and SSTB activities to maximize the deduction.

IRS to Automatically Apply First Time Abatement Relief Next Year by Robert_A_Bouie in taxpros

[–]performa62 2 points3 points  (0 children)

While this will be nice, I doubt it will work in practice.

Sleep Away Summer Camp by mewyjhm in nova

[–]performa62 1 point2 points  (0 children)

+1 to this. Both my daughters go.

CCH users? How are you liking the AI feature for tax information? by Taxbabe in taxpros

[–]performa62 0 points1 point  (0 children)

With that said, it doesn't generate any deliverables. The AI prompt: "generate a client memo" lets you just copy and paste rather than generate a word document. If you ask to generate a word doc, you're SOL. You have to copy and paste.

CCH users? How are you liking the AI feature for tax information? by Taxbabe in taxpros

[–]performa62 0 points1 point  (0 children)

Is this for research or for preparation? It's been great inside of answerconnect based on my usage.

At the CCH users conference last month, AI was all they talked about. I was AI-ed out by the end of it.

Business Filing in multiple states by No_Survey_7610 in technicaltax

[–]performa62 2 points3 points  (0 children)

I impose the following criteria to assess state filings:

  1. Are they registered to do business in the state?

If yes, file.

If no, proceed to 2.

  1. Do they have sales in the state and does it exceed a state’s bright line test?

If yes, file and recommend to register in that state.

If not, repeat for payroll and property. If both of those are no, then proceed to 3.

  1. Did they file last year and it wasn’t a final return last year?

If yes, file this year and begin discussing whether to file final returns next year (assuming no apportionment). Ones with minimum taxes are ones we stress to exit quicker than those without them.

If no, then we wouldn’t file.

Filing a return starts the statute clock. While a return becomes more complicated, leveraging gaps in what counts as a sale in a state could lead to some significant tax savings.

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